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Confirmation that a new suitor had stepped forward, hoping to take the hand of
Misys, set pulses racing yesterday.

The banking software developer has already agreed a deal to merge with its
Swiss arch-rival Temenos in a marriage that would create the world’s largest
dedicated developer of banking software — this after a lengthy sale process
last year not only fell through but failed to flush out a rival bidder.

But speculation had grown in recent days that a private equity company had
cast its eye over Misys and — lo and behold — the company confirmed that
Vista Equity Partners, of the